IPO Trending
DREAMFOLKSEQ / NSE, BSEListed
Dreamfolks Services

DreamFolks is India’s largest airport service aggregator platform, operating on an asset-light, capital-efficient model and serving all major card networks and leading card issuers such as Visa, Mastercard, RuPay, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and SBI Cards. The company enables banks, card networks, airlines, and hotels to offer end-to-end airport services to their customers—from doorstep to airport, inside the airport, and at the destination—covering lounges, F&B, spa, meet-and-assist, transfers, transit hotels, nap rooms, and baggage services. With over 95% market share in card-based domestic lounge access in FY22, DreamFolks had 50 clients and facilitated services for 9.79 million passengers since FY20, offering access to 1,416 touchpoints across 121 countries, including 244 in India. It provides access to all 54 operational domestic lounges and has expanded into airport F&B with 57 outlets across 18 airports. Leveraging its first-mover advantage, DreamFolks has evolved from a lounge access aggregator into a comprehensive tech-enabled airport experience solutions provider. The company provides a wide range of airport services, including lounge access, food & beverages, spa services, airport transfers, meet & assist, nap rooms, and baggage transfers—enhancing customer engagement and loyalty programs for its clients. With a 95% market share in card-based domestic lounge access in India (FY22), DreamFolks has served 9.79 million passengers since FY20. It has 50+ clients and a global presence across 1,416 touchpoints in 121 countries, including 244 locations in India and 1,172 overseas. DreamFolks' first-mover advantage has made it a market leader, facilitating access to 100% of India's 54 operational lounges and partnering with 57 restaurants/F&B outlets at 18 airports across the country. Over time, it has evolved from a lounge access aggregator into a comprehensive technology solutions provider, redefining airport experiences worldwide.

₹308 - ₹32656.68x sub
Listed Price₹430.40
Listing Gain+32.02%

IPO Schedule & Timeline

Bookbuilding IPO
Open24 Aug 2022
Close26 Aug 2022
Allotment01 Sep 2022
Listing06 Sep 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB1,29,31,777 shares
75%
Nii (hni)25,86,355 shares
15%
Retail17,24,236 shares
10%

Minimum Application Lots

Retail1 Lot (46 shares)
₹14,996
sHNI14 Lots (644 shares)
₹2,09,944
bHNI67 Lots (3,082 shares)
₹10,04,732

Company Promoters

Liberatha Peter KallatMukesh YadavDinesh Nagpal

Company Background

DreamFolks is India’s largest airport service aggregator platform, operating on an asset-light, capital-efficient model and serving all major card networks and leading card issuers such as Visa, Mastercard, RuPay, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and SBI Cards. The company enables banks, card networks, airlines, and hotels to offer end-to-end airp...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20)₹367.81 Cr
Growth+29.5%
Revenue Trend (₹ in Crores)
0.0141.0282.0423.0Mar-22Mar-21Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-20367.8131.68137.760
Mar-21108.11-1.45122.50
Mar-22283.9916.25168.680

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
01 Sep 2022
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
06 Sep 2022

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Dreamfolks Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Sep 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date06 Sep 2022Trading commences on exchange

How to Check Dreamfolks Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Dreamfolks Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Dreamfolks Services IPO

Complete issue overview for Dreamfolks Services (DREAMFOLKS) IPO. The issue features an equity share price band of ₹308 – ₹326 per share with a minimum retail lot size of 46 Shares (minimum application amount of ₹14,996). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions